WeFi
Fundraising
WeFi
Non-custodial money market protocol
WeFi Info
Categories:
DeFi, Lending
Ecosystem:
Linea, Polygon, ZkSync, XDC Network
Founded:
2021
WeFi(ex-PAXO) is a decentralized money market protocol that opens up investment and loan opportunities in DeFi for global users to invest in digital assets through multi-pool borrowing. WeFi Finance's investment loans are used to invest in other digital assets from a connected DEX via the WeFi protocol. Afterward, the acquired asset (investment) is securely locked in its protocol until the loan is repaid with interest. If not, the asset is liquidated in an auction when it reaches the liquidation point.
WeFi Fundraising Event
Seed
Amount
$1M
Valuation
--
Date
Mar 28, 2022
Fundraising News
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